World Bank Suspends Isah Kantigi And His Firm For Bribery |nigeria news today headlines update today

World Bank Suspends Isah Kantigi And His Firm For Bribery

THE World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian info technology solutions company, and its manager, mr Isah Kantigi, for alleged corrupt practices.

The firm, that was concerned within the National Social Safety Nets Project, was sanctioned for fifty months whereas the manager was sanctioned for sixty months.

This was contained during a statement titled ‘World Bank group debars SoftTech IT Solutions and Services Ltd. and its managing director’, that was revealed on the bank’s web site on Wednesday.

World Bank Suspends Isah Kantigi And His Firm For Bribery |nigeria news today headlines update today
World Bank Suspends Isah Kantigi And His Firm For Bribery |nigeria news today headlines update today

The statement read in part, “The World Bank group today announced the 50-month debarment of SoftTech IT Solutions and Services Ltd., an info technology solutions company based mostly in nigeria, and also the 60-month debarment of its manager, in reference to corrupt practices as a part of the National Social Safety Nets Project in nigeria.

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“The debarments make SoftTech and mr Isah Kantigi, a Nigerian national, ineligible to participate in projects and operations financed by the globe Bank group.”

The World Bank said the firm and also the manager were sanctioned for improper payments made to sure project officials.

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